Best Car Under 5 Lakhs In India

If you're aiming for financial stability and effective budgeting, affordability is of utmost importance when buying a car. Realistically, in today's market, finding below 5 lakhs new cars in India is challenging, especially when you want all the power-packed performance features.

But don't worry.

Here, we present you with a list best cars under 5 lakhs in India. We will also discuss car lease as an effective alternative to buying or owing a car. By the end of this guide, you will be equipped with the knowledge to choose what is better for you - car lease or car purchase.

Maruti Alto K10

Although Alto K10 is not a new car in India under 5 lakh, it is very popular among Indian families. Thanks to its unbeatable balance between affordability and reliability, it is one of the best car under 5 lakhs in India.

With its mileage of 24.39 kmpl and a compact engine size of 998 cc delivering smooth performance across city commutes and highway journeys alike, it's clear why this hatchback continues to be a favorite.

Datsun RediGo

Next on the list of the best car under 5 lakhs in India is Datsun redi-GO. The car stands out for its affordability and performance. Its petrol engine comes in two variants - 799 cc and 999 cc - offering manual & automatic transmission options. With a mileage of about 20.71 to 22 kmpl, it's easy on your pocket. Its impressive ground clearance of 187 mm tackles Indian road conditions effortlessly.

The car also offers a host of entertainment and connectivity features including integrated 2DIN audio connectivity, Bluetooth connectivity, Apple CarPlay, Android Auto, as well as an 8-inch touch screen.

Renault KWID

Brimming with contemporary style, the Renault KWID is a step up in terms of design aesthetics.

Its stylish exterior and spacious interiors make it a strong contender in the segment of cars on subscription or for outright purchase.

Bajaj Qute (RE60)

Driving within city limits? Check out the Bajaj Qute (RE60), a compact city car that's economical and easy to park.

With its small engine size and high mileage, it presents an economical choice for people who mostly drive within city limits.

Strom Motors R3 & PMV EaS E

For those prioritising green mobility, we have two electric options that fit the budget - Strom Motors R3 and PMV EaS E.

Strom Motors R3:

PMV EaS E:

Maruti S-Presso Std

Finally, our list would be incomplete without the Maruti S-Presso Std, a car that's won the hearts of many families.

Its comfortable seating for five and impressive mileage makes it a great choice for larger families.

Why is a car lease better than buying a new car in India under 5 lakhs?

Let us quickly understand why a car lease is a wise option over buying a new car in India under 5 lakh budget:

• A car lease or cars on subscription often requires a smaller down payment compared to buying a car, making it more affordable upfront.
  
• Cars on subscription allow driving newer cars with the latest features without the long-term commitment of ownership.
  
• Plus, a car on subscription keeps you away from the worries of insurance and maintenance as it is usually taken care of by the car lease company.

Conclusion

With so many options available in the market today, finding the best car under 5 lakhs in India can be daunting. But remember that while buying a car is an exciting process, it also involves significant financial commitment.

That's where alternative solutions car lease come into play. With Quiklyz, you get a variety of cars to suit every individual along with a flexible tenure. If you value convenience, flexibility, and freedom from long-term commitments, car lease or subscription from Quiklyz is the right choice for you.